A diversified, $20 billion global manufacturer wanted the lowest price for a high‐volume turned metal part. But they were bracing for a longer supply chain, which they felt would be a consequence of optimized component cost.
Anderson Precision developed a specialized program to optimize both cost and the supply chain. This included three key components:
- The procurement team initiated a mill‐direct raw material program that reduced costs dramatically.
- Engineers and operators assessed manufacturing options, selecting multi‐spindle machines with bar loaders to accelerate production and cut labor costs.
- The final step was to integrate 100% automated part inspection and packaging to prevent rejection costs.
The client achieved its global price goals while reducing supply chain time.